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Amy Buttersworth

amy.buttersworth@evatlanta.com +1(678) 640-0002

$ 355,000

Est. payment -/mo

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New

85 Meldon AVE SE Atlanta, GA 30315

3 Beds

2 Baths

1,232 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Square Footage 1,232 sqft

Price per Sqft $288

Subdivision South Atlanta

MLS Listing ID 10626933

Style Bungalow/Cottage

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1920

Annual Tax Amount $5,144

Tax Year 2024

Lot Size 6,490 Sqft

Acres 0.149

Lot Dimensions 6490.44

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

This offering presents a prime opportunity to acquire a stabilized, income-producing residential investment property located in the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totaling approximately 1,232 square feet, situated on a corner lot with a large, level backyard and convenient off-street parking. Originally utilized as a short-term rental (Airbnb), the property has since transitioned into a long-term tenancy, providing consistent monthly income and reduced management intensity. The current lease ensures immediate cash flow upon acquisition, making this an ideal turnkey investment for both new and seasoned investors. The residence was built in 1920 and extensively updated to meet modern living standards while maintaining its classic architectural character. Interior improvements include refinished hardwood flooring, a fully updated kitchen with white cabinetry and stainless-steel appliances, upgraded bathrooms, and high ceilings throughout. The exterior features low-maintenance vinyl siding and a welcoming front porch that enhances curb appeal. Strategically positioned near Downtown Atlanta, Mercedes-Benz Stadium, Hartsfield-Jackson International Airport, and the Pittsburgh Yards redevelopment, the property benefits from strong rental demand and long-term appreciation potential within this rapidly improving corridor.

Location

State GA

County Fulton

Rooms

Bedroom Description Master On Main Level

Basement None

Interior

Interior Features Double Vanity, High Ceilings, Master On Main Level, Tray Ceiling(s)

Heating Central, Electric, Forced Air

Cooling Ceiling Fan(s), Central Air

Flooring Hardwood, Tile

Fireplace No

Appliance Dishwasher

Laundry Laundry Closet

Exterior

Parking Features Parking Pad

Garage Spaces 3.0

Community Features None

Utilities Available Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Available

View Y/N Yes

View City

Roof Type Composition

Total Parking Spaces 3

Garage No

Private Pool No

Building

Lot Description Corner Lot, Level

Faces 75/85 to University Ave, go East on University, South on Pryor, Left on Meldon Ave, road becomes one way so go around the block with a left on Benjamin Weldon, Right on Park Ave, Right on Murray, the driveway is on the right and street parking is available as well.

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Bungalow/Cottage

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Slater

Middle Schools Price

High Schools Carver

Others

HOA Fee Include None

Tax ID 14 005700050172

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Assumable, Cash, Conventional

Listing Terms Assumable, Cash, Conventional

Special Listing Condition Resale

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Amy Buttersworth

Real Estate Advisor | License ID: 357608

+1(678) 640-0002

Amy Buttersworth

85 Meldon AVE SE Atlanta, GA 30315

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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85 Meldon AVE SE